Economy and commerce

SECC launches excellence programme 2

The Securities and Exchange Commission of Cambodia (SECC) launched here on Nov. 23 the “Excellence Programme 2” to help small- and medium-sized enterprises prepare for stock market listing. ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50785547/secc-launches-excellence-programme-2/

Loba, EAcham ink MoU to up trade, freight

The Logistics Business Association (Loba) on November 20 signed a memorandum of understanding (MoU) with the European American Chamber of Commerce and Industry (Belgium) Beijing Representative Office (EAcham) to further enhance Cambodia-China trade, investment and freight relations. ...

Hin Pisei
https://www.phnompenhpost.com/business/loba-eacham-ink-mou-trade-freight

UK to make trade preference available to least developed countries

Garment Manufacturers Association in Cambodia (GMAC) yesterday announced that developing countries which are eligible, like Cambodia, will be able to get trade preference through the United Kingdom’s Generalised Scheme of Preferences (GSP) from January 1. ...

Sen Davith
https://www.khmertimeskh.com/50784702/uk-to-make-trade-preference-available-to-least-developed-countries/

Kingdom, EU ready for trade, investment talks

Cambodia and the EU on November 16 pledged to enhance trade and investment in an effort to spur post-Covid-19 economic recovery in light of the bloc’s recent partial withdrawal of trade privileges. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-eu-ready-trade-investment-talks

Cambodia, Denmark vow to forge closer economic ties

Cambodia and Denmark have pledged closer economic cooperation to enhance tourism, trade and investment between the two countries, according to the Royal Embassy of Cambodia in Bangkok. ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-denmark-vow-forge-closer-economic-ties

Digitally adapting to economic challenges

As many small and medium-sized enterprises (SMEs) struggle to stay afloat because of current economic challenges, many entrepreneurs in the kingdom are adapting and taking advantage of opening businesses online and using social media and its technology as a business tool. ...

Jason Boken
https://www.khmertimeskh.com/50784394/digitally-adapting-to-economic-challenges/

Cambodia and S. Korea begin 4th round of free trade talks

Cambodia began the fourth round of free trade talks with South Korea this week, as the Kingdom continues to embark on expanding regional integration with an aim to diversifying export opportunities. ...

Tom Starkey
https://www.khmertimeskh.com/50784232/cambodia-and-s-korea-begin-4th-round-of-free-trade-talks/

SSEZ affirms stock market listing plans remain on the table

Sihanoukville Special Economy Zone Co Ltd (SSEZ), the developer and operator of Cambodia’s largest industrial zone in terms of size and occupancy, on November 16 reiterated its interest in listing on the Cambodia Stock Exchange (CSX), tapping into the capital market to raise more funds. ...

Hin Pisei
https://www.phnompenhpost.com/business/ssez-affirms-stock-market-listing-plans-remain-table

Blockchain cited as boost to public trust in financial institutions

At this week’s 2020 Global Blockchain Policy Forum,  Assistant Governor and Director-General of Central Banking, National Bank of Cambodia (NBC) Chea Serey stressed the need for building public trust in financial institutions and how the new Bakong payment system and infrastructure, built on blockchain technology, ...

Jason Boken
https://www.khmertimeskh.com/783940/blockchain-cited-as-boost-to-public-trust-in-financial-institutions/

Achieving energy efficiency crucial to Kingdom’s economy

As Cambodia’s demand for energy continues to increase year after year, experts are calling for the development and implementation of clear policy that encourages both the public and industry to play their part in practicing energy efficiency and conservation. ...

Jason Boken
https://www.khmertimeskh.com/50783204/achieving-energy-efficiency-crucial-to-kingdoms-economy/

Agreement to boost green-belt tourism signed

The Ministry of Tourism and Japanese company Yamato Green Co Ltd signed a memorandum​ of understanding (MoU) last week intended to develop a green-belt value chain serving the domestic tourism sector. ...

Sok Chan
https://www.khmertimeskh.com/50783047/agreement-to-boost-green-belt-tourism-signed/

Long-awaited RCEP signing ‘bodes well for economic upturn’

The long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement was officially signed yesterday.  The signing brings renewed hopes for comprehensive change in the flow of regional trade and investment and the promotion of intra-bloc supply chains capable of bolstering trust among members of the region’s ...

Sok Chan
https://www.khmertimeskh.com/50783043/long-awaited-rcep-signing-bodes-well-for-economic-upturn/

Green SEZ set for Svay Rieng town

Chinese-owned industrial park developer and operator QiLu (Cambodia) Special Economic Zone Co Ltd on Thursday signed a strategic partnership with Environmental Protection Industry Associations of Cambodia (Epiac). ...

May Kunmakara
https://www.phnompenhpost.com/business/green-sez-set-svay-rieng-town

Cambodia-South Korea trade valued at $661 million in first three quarters

Bilateral trade between Cambodia and the Republic of Korea was valued at $661 million in the first three quarters of this year, a year-on-year decrease of 15 percent. ...

Khmer Times Staff
https://www.khmertimeskh.com/50782674/cambodia-south-korea-trade-valued-at-661-million-in-first-three-quarters/

First application for Growth Board IPO coming this month

The Cambodia Securities Exchange (CSX) is set to receive its first-ever initial public offering (IPO) approval application for a company to list on its Growth Board in more than five years since the secondary board was first launched. ...

Harrison White
https://www.khmertimeskh.com/50782645/first-application-for-growth-board-ipo-coming-this-month/

Journey to circular economy model is ‘well under way’

The government is currently preparing policy and strategy that will promote the circular economy model to the business, investment and local environmental communities. ...

Sok Chan
https://www.khmertimeskh.com/50782648/journey-to-circular-economy-model-is-well-under-way/

Possibility of second C-19 wave causes deep concern

Business activities, especially tourism-related services, have started to see the impact of the fear of a potential second wave of COVID-19. ...

Sorn Sarath
https://www.khmertimeskh.com/50781586/possibility-of-second-c-19-wave-causes-deep-concern/

Clean Energy Week 2020

Clean Energy Week 2020 starts today with several events from now until November 19. The purpose is to engage and promote clean energy in Cambodia for sustainable development, economic productivity and innovation. ...

Jason Boken
https://www.khmertimeskh.com/50782281/clean-energy-week-2020/

Cassava price up as harvest starts

As the 2020-2021 harvest season kicks off, cassava prices in the powerhouse provinces of Preah Vihear and Tbong Khmum register a slight uptick compared to the same period last year. ...

Hin Pisei
https://www.phnompenhpost.com/business/cassava-price-harvest-starts

Vietnam border markets on the cards for 2021

Prime Minister Hun Sen has ordered the Ministry of Commerce to work with Svay Rieng and Kampot officials to build two additional border markets in a bid to shore up border trade and enhance cooperation with Cambodia’s neighbour Vietnam. ...

Hin Pisei
https://www.phnompenhpost.com/business/vietnam-border-markets-cards-2021

Exports climb 20% on $14B worth of Cambodian goods

Cambodia exported $14.1 billion worth of goods in the first nine months of this year, up 20.07 per cent from the same period last year, despite Covid-19’s production-chain disruptions and its impact on global demand, the Ministry of Economy and Finance reported. ...

Thou Vireak
https://www.phnompenhpost.com/business/exports-climb-20-14b-worth-cambodian-goods

Think tank pushes ACMECS to establish rice association

The independent Phnom Penh-based think tank Asian Vision Institute on Monday called on the five inland ASEAN countries to consider setting up a regional rice-producing association to maintain food security in the region amid Covid-19. ...

May Kunmakara
https://www.phnompenhpost.com/business/think-tank-pushes-acmecs-establish-rice-association

Cambodia Chamber of Commerce plans Europe, US offices to boost trade

Cambodia Chamber of Commerce (CCC) is forging on with plans to open representative offices in Europe and the US next year in a bid to shore up trade and draw in more investment, its vice-president Lim Heng told The Post on Wednesday. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-chamber-commerce-plans-europe-us-offices-boost-trade

NA passes AJCEP-1st Protocol

The National Assembly on Monday approved the First Protocol to Amend the Agreement on Comprehensive Economic Partnership among Japan and Member States of the Association of Southeast Asian Nations (AJCEP – 1st Protocol). ...

Hin Pisei
https://www.phnompenhpost.com/business/na-passes-ajcep-1st-protocol

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